Merchant Discount Rate on UPI–[1] No cost to consumers [2] Person to Merchant –P2M –transactions above 2000 attract an MDR of 0.4% –capped at 300 per transaction and to be borne by merchant [3] Exceptions-Flat Rs.5 if value exceeds 2000 Rly Ticket Booking–Utility payments etc [4] To know further –request reference to the article–Courtesy BL